Market News – Page 364
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NewsJFA Yachts launches first Long Island 78 Power
French mono and multihull boat builder, JFA Yachts, has expanded its semi-custom catamaran range with the launch of its first 23.7m (78ft) Long Island 78 Power. The yacht has been sold and will shortly be delivered following sea trials.
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NewsUS rescinds latest 10% tariff on Canadian aluminium
The new tariff announced on August 16 was withdrawn late Tuesday, hours before Canada was to implement its own $3.6bn in retaliatory levies
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NewsAuckland Boat Show cancelled
Acting on instructions from its member exhibitors, the Auckland Boat Show, scheduled to run October 8-11, has been cancelled by the organisers, NZ Marine.
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NewsDMS Holland appoints CEO, sees healthy growth ahead
DMS Holland, an international specialist in motion control onboard yachts, has appointed a CEO, a new position to manage future growth. Taking the helm at the eight-year-old company is Theo Hoen who has more than 25 years of senior management experience in the chicken processing sector.
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NewsGulf Craft's CCO, Nizar Tagi, on the impact of Covid and a boost in boat sales
Gulf Craft’s Chief Commercial Officer tells IBI about boat sales, its success promoting the sea as a safe haven, and the impact on boating in the region
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NewsUS business owners increasingly optimistic – Wells Fargo
Q3 study highlights improved future outlook in spite of continuing near-term Covid-19 headaches
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NewsPolish builder in major recruitment drive
Poland’s Sunreef Yachts has announced that it is hiring over 200 new employees at its shipyard in Gdansk.
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News
Judge declares yacht ownership suit “a mess”
A federal judge in Miami, Florida who has declared the ownership lawsuit over a US$1m yacht “a mess” is allowing a local business which has procession of the boat to keep it temporarily, and has further suggested federal investigators may want to intervene. It all began in April, when brothers ...
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NewsMDL Marinas launches new points-based loyalty programme
The UK’s MDL Marinas is launching a new points-based loyalty programme, Otium, to give customers a more personalised experience when accessing services provided by the marina group.
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NewsDutch yard signs contract for 120m SY
The Espen Øino-designed superyacht is due for delivery in 2025
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NewsHubbell Inc CEO David Nord to retire
Connecticut, US-based electrical equipment manufacturer Hubbell Inc has announced that CEO David Nord will retire on October 1.
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NewsAustralian multihull builder expands US presence
McConaghy Boats of Australia has formed a strategic partnership with Engel & Völkers, based in Newport Beach, California, making it the company’s preferred partner for the sale of McConaghy Multihulls. The announcement comes as McConaghy expands its Multihull range and sets its sights on sales growth in the US.
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NewsMichigan commits to Asian carp control funding
The US State of Michigan was praised by boating, fishing and conservation groups late last week when it signed a formal commitment to allocate US$8.0m in funding toward a dam engineering project aimed at stemming the spread of invasive Asian carp.
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NewsHead of Brunswick Boat Group to depart
Huw Bower, Vice President and President, Brunswick Boat Group, will be leaving the company this week
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NewsUS boat retailer OneWater launches Public Offering
In a bid to continue its fast-paced growth, OneWater Marine is offering company and shareholder common stock to fund working capital and expansion; the company has provided preliminary Q4 results through the end of August to support the offering
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NewsVirtual Valencia Boat Show unveils final stand design
With less than two months to go before its opening, the 2020 Virtual Valencia Boat Show has revealed the definitive design and functionalities of its virtual stands.
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NewsInterboot, Germany’s first indoor show of the season, set to open this weekend
New ‘Special Edition’ planned with video streams and social distancing
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NewsAppointment at Lippert Components
Indiana, US-based marine equipment manufacturer Lippert Components Inc (LCI) has named Mark Woloszyk as its new vice president of technology and product development.
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NewsOXE Marine AB upgraded to OTCQX market
Swedish diesel outboard maker OXE Marine AB has qualified to trade on the OTCQX market.
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NewsSpain sees fall in superyacht activities
Charter and shipyard work impacted by Covid-19 pandemic
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